$1,750,000

2440 Paradise Falls Way Sevierville, TN 37862

$10,000
Closing credit¹
5 beds
3 full, 1 partial
3,654 sqft
9.4 acres
$479 / sqft
House

Property details

About 2440 Paradise Falls Way

*** RARE FIND- this beautiful 9.39-acre lot features a WATERFALL that conveys with the sale. Buyer will own the waterfall, with shared community access remaining in place. This piece of paradise is calling your name with 125K rental projections, and 350K of updates! Recent updates include some of (but not limited to, please request 'update list') the following: all interior painted, hardwood, new decks, exterior stone, new hot water heater, professionally landscaped & decorated, and so so much more! But it doesn't stop here, there is even water-fall access! This 3652 sqft turn-key mountain retreat offers 5 bedrooms, game-room, theater, and an amazing outdoor area to enjoy. It has unparalleled tranquility and natural beauty, featuring private hiking trails, serene streams, and a captivating 75' waterfall coursing through the property. Embrace the essence of mountain living with this unparalleled property, offering both a personal sanctuary and a lucrative investment opportunity. This is truly one of a kind, Call today to schedule your private tour!

Highlights

Home typeSingle Family Residence
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Ceiling Fan(s)
Size3,654 sqft
Lot size9.39 Acres
Year built1986
MLS #1298307
WaterfrontOther, Creek
FireplaceElectric
ViewTrees/Woods

Summary

  • MLS Number: 1298307
  • MLS Name: East Tennessee REALTORS® MLS
  • Office Name: MG Rise Real Estate Group
  • Office Phone: (865) 968-7473
  • Office Email: tyler@mgrise.com

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.

The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.

Copyright © 2025 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/24/2025, 11:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of patio / terrace featuring an outdoor fire pit

$1,750,000

2440 Paradise Falls Way

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jun 22, 2021
Home Sold
$995,000
Mar 14, 2008
Home Sold
$407,600

Tax history

YearAssessmentProperty Tax
2023$200,400$1,356
2022$125,250$1,356
2021$125,250$1,356
2020$91,650$1,356
2019$62,600$1,164
2018$62,600$1,164
2017$62,600$1,164

History based on county public records data.

Nearby schools

3

Pigeon Forge Primary School

Public District PK-3

3.0 mi

1766 Waldens Creek Rd

5

Townsend Elementary School

Public District PK-5

7.9 mi

140 Tiger Dr

4

Pi Beta Phi Elementary School

Public District PK-6

8.0 mi

125 Cherokee Orchard Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $49,267. Residents of Sevierville, TN typically earn between $35k-100k each year. Typical family type is married, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

33%
<35k
49%
35k-100k
15%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

36%
Single, No Kids
7%
Single, with Kids
39%
Married, No Kids
18%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
7%
12-17 yrs old
14%
18-34 yrs old
47%
35-64 yrs old
21%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • NASCARNASCAR
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • Wal-MartWal-Mart
  • Bass Pro ShopsBass Pro Shops
  • Dollar GeneralDollar General

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • Jimmy JohnsJimmy Johns
  • ApplebeesApplebees

What do the neighbors drive?

  • RamRam
  • GMCGMC
  • ChevroletChevrolet

What do the neighbors listen to?

  • Classic CountryClassic Country
  • New CountryNew Country
  • CountryCountry
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

Living in Sevierville, TN

About 2440 Paradise Falls Way

This home is located at 2440 Paradise Falls Way in Sevierville, TN and zip code 37862. This 3,654 square foot home, which was built in 1986, sits on a 9.39 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 22, 2025 and is currently priced at $1,750,000.

In March 2025 more than 2 listings in Sevierville, TN were sold above the asking price. During the same period more than 15 listings were sold at asking price, while more than 77 were sold below. In March 2025 in Sevierville, TN there were 20.9% more homes for sale than in February. Listings spent 97 days on the market in March 2025, and had a median list price of $502,259 during the same period.

From Rocket Homes Real Estate and based on county public records data.

More resources